The U. S. Dairy Export Council had some very positive news to report about exports. Talk about an increase this last 2 years. I wish my investment accounts had done as well.
U.S. dairy export values increased 56 percent in the last two years, reaching a record-high $1.66 billion in 2005. For the second straight year, U.S. suppliers showed they can compete internationally at historically strong prices, according to data analyzed by the U.S. Dairy Export Council (USDEC) Exporters responded to robust worldwide demand for dairy protein in 2005, the Export Council says. Economic growth in Asia – China in particular – Russia, Mexico and the Middle East created opportunities for increased sales of milk components. The United States took advantage, reigning as the world’s leading supplier of skim milk powder (SMP), whey and lactose last year. (Full Release – pdf file)
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